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Average price for properties for sale in Rome, Italy 2020, by area

As of September 2020, house prices in the historical center of Rome were, unsurprisingly, the highest in the whole city. Indeed, residential properties in the city center could fetch on average around 7.5 thousand euros per square meter. This figure is more than double the average price for a residential property recorded in the entire city, which was approximately 3.2 thousand euros per square meter.

Pricey districts in Italy

Rome is not the only city in Italy where many people would want to live, with fancy and attractive districts. In fact, Milan is the city that boasts the districts with the highest prices in the country. Buying a residential property in the center of the economical capital of Italy cost on average 9.4 thousand euros per square meters. Furthermore, the districts of San Marco and Rialto in Venice are also very on demand: a residential property in the most central areas of the city island cost nearly six thousand euros per square meter.

Residential real estate in Italy

House prices in Italy decreased steadily since 2012, and so did interest rates on new mortgage loans. These favorable conditions brought new life to the residential real estate market in the country. The number of transactions increased steadily after reaching an all-time low in 2013. Moreover, low prices in many Italian cities attract individuals interested in purchasing residential real estate for investment.

Average price for residential real estate for sale in selected areas of the Italian city of Rome as of September 2020

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Source

Release date

October 2020

Region

Italy

Survey time period

September 2020

Supplementary notes

This statistic only shows the central areas with the highest values.
The source adds the following information: "The data shows the prices of houses, apartments and in general residential properties in Italy. Prices are the average prices of properties published on Immobiliare.it in Italy."

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* Prices do not include sales tax.

Statistics on "Residential real estate in Italy"

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